MAGN
Magnera·NYSE
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6.52 / 10
Outperform
Technically, Magnera shows strength with a 6.52/10 score. Bullish signals like the Bullish Harami Cross and MACD Golden Cross are supported by high win rates (100% and 81.82%, respectively), suggesting reliable reversals. However, the presence of a Marubozu White pattern with a modest score (2.86/10) tempers enthusiasm. Overall, the technical picture is cautiously optimistic but not yet a clear breakout, warranting close monitoring of price action and volume.
Analysis Checks(3/4)
Long Lower Shadow
Score6.79/10
Win Rate63.64%
Hist. Signals11
Avg Return0.76%
Score6.79/10
Win Rate63.64%
Hist. Signals11
Avg Return0.76%
MACD Golden Cross
Score8.37/10
Win Rate81.82%
Hist. Signals11
Avg Return5.58%
Score8.37/10
Win Rate81.82%
Hist. Signals11
Avg Return5.58%
Bullish Harami Cross
Score8.07/10
Win Rate100.00%
Hist. Signals2
Avg Return2.11%
Score8.07/10
Win Rate100.00%
Hist. Signals2
Avg Return2.11%
Marubozu White
Score2.86/10
Win Rate46.15%
Hist. Signals13
Avg Return-0.25%
Score2.86/10
Win Rate46.15%
Hist. Signals13
Avg Return-0.25%
Long Lower Shadow
Score6.79/10
Win Rate63.64%
Hist. Signals11
Avg Return0.76%
Score6.79/10
Win Rate63.64%
Hist. Signals11
Avg Return0.76%
Bullish Harami Cross
Score8.07/10
Win Rate100.00%
Hist. Signals2
Avg Return2.11%
Score8.07/10
Win Rate100.00%
Hist. Signals2
Avg Return2.11%
MACD Golden Cross
Score8.37/10
Win Rate81.82%
Hist. Signals11
Avg Return5.58%
Score8.37/10
Win Rate81.82%
Hist. Signals11
Avg Return5.58%
Marubozu White
Score2.86/10
Win Rate46.15%
Hist. Signals13
Avg Return-0.25%
Score2.86/10
Win Rate46.15%
Hist. Signals13
Avg Return-0.25%
Technical Analysis of MAGN?
- MAGN presents a Outperform setup with a Technical Score of 6.52/10. Key technical indicators highlight an RSI of 59.64 and a MACD of 0.18, with the trend anchored by the 50-Day SMA at 14.35. Traders should monitor key support at 13.92 and resistance at 15.65.
